NEW YORK, N.Y.—The Nasdaq Stock Market, Inc. (NASDAQ^®; OTCBB: NDAQ), today announced that Stephen R. Blatney has joined as Vice President of NASDAQ Transaction Services. He will report to Glen M. Wolyner, Executive Vice President of NASDAQ Transaction Services.

"Steve's proven track record in institutional sales and sales management will be instrumental in enhancing and expanding NASDAQ's sales force," said Mr. Wolyner. "We look forward to leveraging his expertise as we continue to make NASDAQ the best and most liquid stock market for investors."

Prior to joining NASDAQ, Mr. Blatney was head of sales for NYFIX Millennium L.L.C., a subsidiary of NYFIX. Previously, Blatney was Director of Institutional Sales at Island Execution Service, LLC, where he was responsible for the launch of the firm's institutional sales efforts. Under Blatney's leadership, Island Execution Service became a top 25 broker/dealer subscriber to The Island ECN in less than one year of operation. Following that, Blatney was head of broker/dealer sales at The Island ECN, where he was responsible for the firm's domestic and international initiatives. Blatney is also credited with the creation of Inlet, The Island ECN's front-end trading platform, a service now utilized by over 250 firms.

Earlier in his career, Blatney served as a representative for major accounts and was part of the first sales team at Bloomberg Tradebook LLC. Previously, he was a senior sales representative at Bloomberg Financial Markets. Blatney began his career at XEROX Corporation.

"This is an important time of growth for NASDAQ and I look forward to working closely with the Transactions team and to utilizing my experiences for the continued betterment of the marketplace," said Mr. Blatney.

Blatney is a graduate of Temple University where he received a Bachelors of Business Administration.

NASDAQ is the world's largest electronic stock market. With approximately 3,500 companies, NASDAQ lists more companies and trades more shares per day, on average, than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, media and biotechnology industries. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ Newsroom^SM at www.nasdaq.com/newsroom.